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Jul 9, 2013
07/13
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WUSA
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she'll serve three months for failing to pay her federal income taxes. in addition to prison time, a judge ordered hill to serve three months of home confinement and a year of supervised probation. she also has to pay back taxes and a $60,000 fine. >>> remember that red panda that escaped from the zoo? well, we've got an update on that sneaky little guy. >> 87 was the high, still in the low 80s right now. here's your wakeup weather, a little muggy, a little patchy fog possible about 7:00 and 9:00 temperatures back into the 70s. we'll come back and have the latest on tropical storm chantal and show you very cool video of a waterspout. >> and there's something new at the washington monument. bad cameraman. no, no, they have to wait until after ♪ [ male announcer ] do you love prime rib? get to your local subway for the delectable, new prime rib melt built fresh from the bread up! with hearty, savory cuts of tender prime rib in an au jus glaze and deliciously melty provolone, bite after bite is prime rib perfection. get it made just the way you say with a
she'll serve three months for failing to pay her federal income taxes. in addition to prison time, a judge ordered hill to serve three months of home confinement and a year of supervised probation. she also has to pay back taxes and a $60,000 fine. >>> remember that red panda that escaped from the zoo? well, we've got an update on that sneaky little guy. >> 87 was the high, still in the low 80s right now. here's your wakeup weather, a little muggy, a little patchy fog possible...
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Jul 13, 2013
07/13
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FBC
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>> 11% sales tax could get rid of the personal income tax, corporate tax and shut down the irs. that is the best solution i know and you cannot avoid it. companies cannot avoid the sales tax. messa: but that is very regressive everybody on the left would argue that is harder onhe low income folks. >>here is a number of things we need to do. but we subject businesses to a complex process when they buy a new equipment they create new jobs. we force businesses to appreciate those over a number of years. which at the end of the day reduces the job capacity of e employers. howe fix that? we need to let them deduct their investment in your number one. we know the tax code is a mess and what we need to do to fix it we need the law makers with the political will to do it. melissa: we don't have the political will. and the acting commissioner now learning just a day the union is fighting back to try to make sure they can get their bonuses. does that distract or create another issue? >> this episode we had in the irs indicat the bureaucracy itself is terribly biased and simplification wou
>> 11% sales tax could get rid of the personal income tax, corporate tax and shut down the irs. that is the best solution i know and you cannot avoid it. companies cannot avoid the sales tax. messa: but that is very regressive everybody on the left would argue that is harder onhe low income folks. >>here is a number of things we need to do. but we subject businesses to a complex process when they buy a new equipment they create new jobs. we force businesses to appreciate those over...
SFGTV2: San Francisco Government Television
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Jul 7, 2013
07/13
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SFGTV2
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it, 148 campaign speeches, 6 second campaign videos and your big pledge that everyone can pay their taxes using square. [ applause ] [ laughter ] >> i think i speak for the mayor, both of us are happy we don't have to run again. truthfully we are thrilled that twitter and square are growing in new york city as well as in san francisco and city hall and bloomberg philanthropy when the east coast host the summit. like san francisco, new york has already had success in building the city. it's also embraced the culture of this sector and it's an example of the city and tech sector to create jobs and for the economic future and what people forget about is the high tech jobs create a lot of low tech jobs and we are all in this together in the support services and any type of economic activity spreads through the entire economy. it is a great example of everybody working together. city economic development is the engine of our nation and we need to provide an environment with start ups that can flourish and if we do that, all the the grid lock in washington, our economy will grow. i would reach
it, 148 campaign speeches, 6 second campaign videos and your big pledge that everyone can pay their taxes using square. [ applause ] [ laughter ] >> i think i speak for the mayor, both of us are happy we don't have to run again. truthfully we are thrilled that twitter and square are growing in new york city as well as in san francisco and city hall and bloomberg philanthropy when the east coast host the summit. like san francisco, new york has already had success in building the city....
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so a fat tax is picking of steam. a group of influential academics , the one that government often listens to just published a report on the benefits of a fat tax. this idea is a little different. instead of just taxing fatty foods, this one would taxer calories. kay rogers is here with us now. how does this work? avocado has a lot of calories. >> that is the concern. experts say that this may actually deter people from eating high calorie healthy foods. the national bureau of economic researchers conducted a study and look to 21 different items, some from the grocery store. others from kentucky fried chicken. calorie foods and then sat back and watched what happened. tracy: you think this will work? >> well did. the guys in this study ended up losing weight when fast food prices went up because they love the fast-food. women actually gained weight been healthy foods went up in price. hearhat was most stunning is that the youth in the group loss between eight and 9 percent body fat when their high calorie foods were t
so a fat tax is picking of steam. a group of influential academics , the one that government often listens to just published a report on the benefits of a fat tax. this idea is a little different. instead of just taxing fatty foods, this one would taxer calories. kay rogers is here with us now. how does this work? avocado has a lot of calories. >> that is the concern. experts say that this may actually deter people from eating high calorie healthy foods. the national bureau of economic...
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should your quarter pounder be taxed? the growing push to tax. andhe hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. don't go anywhere. ♪ [ villain ] well mr. baldwin... it appears our journey has come to a delightful end. then i better use the capital one purchase eraser to redeem my venture miles for this trip. purchase eraser? it's the easy way to erase any recent travel expense. i just pick a charge, like my flight with a few taps, it's taken care of. impressive baldwin. does it work for hotels? absolute thank goodness. mrs. villain and i are planning our... you scare me. and i like it. let's go what's in your wallet? let's go eight years into the disease was when all the light went out. for me, it was heart-wrenching. look into the eyes of somebody with alzheimer's sometime, u just don't see -- the person's soul is, like, gone. bea: and it takes a toll on everyone. i mean, it's -- it's a depressing disease to watch unfold before your eyes. and who loved her most were her worst en
should your quarter pounder be taxed? the growing push to tax. andhe hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. don't go anywhere. ♪ [ villain ] well mr. baldwin... it appears our journey has come to a delightful end. then i better use the capital one purchase eraser to redeem my venture miles for this trip. purchase eraser? it's the easy way to erase any recent travel expense. i just pick a charge, like my flight with a few...
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should your quarter pounder be taxed? the growing push to tax. and the hospital texan newborn baby away from its mother beuse of a bagel. is that legal? our experts way i next. don't go anywhere. ever wonder w? the forest of course! this is where we, along with all the beautiful forest creatures, make our home. with beautiful plant life, clean wate and endless adventures. it's a place to celebrate! so discover the forest with your family today. visit discovertheforest.org to find a forest near you. ♪ tracy: be careful what you eat. a woman just won a lawsuit over a poppyseed bagel. her newrn was taken away from her after she failed to hospital drug test. she claimed that up poppyseed bagels. : shortly before arriving a hospital cost a posite test for drugs. here in studio. let's start with you. is it possible? >> it's possible, but the error year was a child services. they did not ask your other questions. so her three day old baby was taken away from our for five days because of it tracy: you know, i could name a bunch of parents who should ha
should your quarter pounder be taxed? the growing push to tax. and the hospital texan newborn baby away from its mother beuse of a bagel. is that legal? our experts way i next. don't go anywhere. ever wonder w? the forest of course! this is where we, along with all the beautiful forest creatures, make our home. with beautiful plant life, clean wate and endless adventures. it's a place to celebrate! so discover the forest with your family today. visit discovertheforest.org to find a forest near...
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should your quarter pounder be taxed? the growing push to tax. and the hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. dot go anywhere. @a ♪ tracy: be careful what you eat. a woman just won a lawsuit over a poppyseed bagel. her newborn was taken away from her after she failed to hospital drug test. she claimed that up poppyseed bagels. : shortly before arriving a hospital cost a positive test for drugs. here in studio. let's start with you. is it possible? >> it's possible, but the error year was a child services. they did not ask your other questions. so her three day old baby was taken away from our for five days because oit tracy: you know, i could name a nch of parents who should have their kids taken away from them. i am not sure this woman is on of them. >> she is not. and quite frankly, if that were my child and i was the mother there would have had to pay me a lot more than what they ended up paying out because that is outrageous, taken and in from their mother in those very i
should your quarter pounder be taxed? the growing push to tax. and the hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. dot go anywhere. @a ♪ tracy: be careful what you eat. a woman just won a lawsuit over a poppyseed bagel. her newborn was taken away from her after she failed to hospital drug test. she claimed that up poppyseed bagels. : shortly before arriving a hospital cost a positive test for drugs. here in studio. let's start...
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should your quarter pounder b taxed? the growing push to tax. and the hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. don't go anywhere. [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. ♪ tracy: be careful what you eat. a woman just won a lawsuit over a poppyseed bagel. her newborn was taken away from her after she failed to hospital drug test. she claimed that up poppyseed bagels. : shortly before arriving a hospital cost a positive test for drugs. here in studio. let's start with you. is it possible? >> it's possible, but the error year was a child services. they did notsk your other questions. so her three day old baby was taken away
should your quarter pounder b taxed? the growing push to tax. and the hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. don't go anywhere. [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out...
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should your quarter pounder be taxed? the growing push to tax. and the hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. don't go anywhere. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read bacthe chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your wal ♪ tracy: be careful wt you eat. a woman just won a lawsuit over a poppyseed bagel. her newborn was taken away from her after she failed to hospital drug test. she claimed thatp ppyseed bagels. : shortly before arriving a hospital cost a positive test for drugs. he
should your quarter pounder be taxed? the growing push to tax. and the hospital texan newborn baby away from its mother because of a bagel. is that legal? our experts way in next. don't go anywhere. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great...
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Jul 10, 2013
07/13
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FBC
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all with no tax is? >> exactly. number two if you get everything to charity, and the taxes. period. number three, he could give out gets yearly, 14,200. gerri: but what about a trust? >> there was the real vocable trust for property when you put that into a trust not only doesn't skip the taxes but it freezes the day it goes into the trust. in his prime he bought a home. now 2013 it is worth 60 percent more. it doesn't matter if it freezes 1980's all depreciation is nontaxable and up at 10 million is also not taxable. if you put into a trust he is not paying taxes. gerri: he was only 51 i am sure he was not thinking about this but the tax bill is due in nine months. >> not exactly but they get an automatic extension so it is 15 months but then they have to put down a reasonable estimate. that could be a problem because you normally paid taxes at of your assets but now they paid before they get the money. but the good news is the irs will work with you they will set up a payment plan and charge interest s
all with no tax is? >> exactly. number two if you get everything to charity, and the taxes. period. number three, he could give out gets yearly, 14,200. gerri: but what about a trust? >> there was the real vocable trust for property when you put that into a trust not only doesn't skip the taxes but it freezes the day it goes into the trust. in his prime he bought a home. now 2013 it is worth 60 percent more. it doesn't matter if it freezes 1980's all depreciation is nontaxable and...
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Jul 8, 2013
07/13
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FOXNEWSW
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property taxes. here a reason, check out this little post office in massachusetts. this is one of hundreds that on average bring this less than $700 a month. i don't blame her, but a real business would close a store that can't cover even her salary let alone other costs. >> never mind. they say post offices must serve all of america. there is another post office down a mile down the road. >> john: in fact there are five others within a few miles. why do they so many so close to each other. even the locals see the excess. >> they should go down to a couple. >> john: close these post offices. >> we are working on it. >> john: what do you mean? a business does. >> we are expected to operate like a business but congress hasn't offered the opportunity to do this. >> john: on the website since ben franklin the post office has changed with america. but you don't change. you are a government monopoly, you barely change. >> 200,000 less employees than we had. >> big government media would say things like tha
property taxes. here a reason, check out this little post office in massachusetts. this is one of hundreds that on average bring this less than $700 a month. i don't blame her, but a real business would close a store that can't cover even her salary let alone other costs. >> never mind. they say post offices must serve all of america. there is another post office down a mile down the road. >> john: in fact there are five others within a few miles. why do they so many so close to...
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Jul 11, 2013
07/13
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FBC
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money will go to federal and state taxes, so is it time for a death tax to die? here's whayou're posng on my cebook page. i don't care how much he had, he paid the taxes already. don agrees says taxes were paid when it was earned, why is it being taxed again? boy, don't i agree. we asked the question on gerriwillis.com. 99% said yes, 1% said no. here are some of your e-mails. chris in pennsylvania writes regarding whether or not police should have access to your cell phone records i have to ask what part of civil liberties confuses them. what is next? that is a reality already, perhaps next is what foods we buy. possibilities are endless. and what an awesome show, every show is a great learning experience. your audience loves every minute. so nice, johnny. looka heads-up, we've got a lot of great responses to that segment, the best and the worst charities we had go to gerriwillis.com for all the details if you want to see that. it would be fuy but weren't so serious. talk abou with the messages i gn a news. hedge funds markeng to you. or the dumb mone there is no
money will go to federal and state taxes, so is it time for a death tax to die? here's whayou're posng on my cebook page. i don't care how much he had, he paid the taxes already. don agrees says taxes were paid when it was earned, why is it being taxed again? boy, don't i agree. we asked the question on gerriwillis.com. 99% said yes, 1% said no. here are some of your e-mails. chris in pennsylvania writes regarding whether or not police should have access to your cell phone records i have to ask...
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Jul 6, 2013
07/13
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FOXNEWSW
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. >> if you can name one organization that lied on their tax form i am willing to hear it. >> you want to hear it? republican jewish association. listen what they did. not only did they put on their original application they had no interest in politics, they then filed with a different part of the internal revenue service claiming they spent millions of dollars, totally against what they -- and then they filed with the federal elections -- a whole other amount. >> there were 202 organizations singled out. the one defining characteristic of the overwhelming majority of these was the fact they were conservatives. 96 specifically had tea party or 912 in their names, these conservative names. that's the point. there were these triggers that sent the irs to do their stuff and there hasn't been an fbi investigation of that. is that shameful? >> it is. the obama administration hopes to run out the clock thinking a new scandal will take the place here. i think they are misguided. the reality is a lot of emotion was tied up in the 2012 election and a lot of people understandably feel the irs ha
. >> if you can name one organization that lied on their tax form i am willing to hear it. >> you want to hear it? republican jewish association. listen what they did. not only did they put on their original application they had no interest in politics, they then filed with a different part of the internal revenue service claiming they spent millions of dollars, totally against what they -- and then they filed with the federal elections -- a whole other amount. >> there were...
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Jul 7, 2013
07/13
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CSPAN
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because how many times can you talk about tax cuts? how many times can you talk about taxations, regulations and too much spending in the message is simple but it gets kind of boring after a while. even though it is totally true. so i think the -- i'm in no position to offer advice. you've got two much greater minds here. >> that's pretty good advice actually. >> i think just the basics. and you have to say it in a way that's appealing and there has to be much more outreach to the people that we're trying to reach. >> the same question. eric cantor is going to be here today or tomorrow doing a panel. what would you say that eric should advise his caucus and candidates to talk about in the next election? >> well, there's a fundamental previous decision you have to make. the question right now is does the republican party need to motivate its coalition or modify its coalition? you always have to motivate your coalition when you're going to election, that's necessary. you cabinet get rid of it and start over. the question is whether you n
because how many times can you talk about tax cuts? how many times can you talk about taxations, regulations and too much spending in the message is simple but it gets kind of boring after a while. even though it is totally true. so i think the -- i'm in no position to offer advice. you've got two much greater minds here. >> that's pretty good advice actually. >> i think just the basics. and you have to say it in a way that's appealing and there has to be much more outreach to the...
SFGTV2: San Francisco Government Television
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Jul 10, 2013
07/13
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SFGTV2
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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Jul 11, 2013
07/13
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KQED
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i didn't hear a lot of conservatives arguing we can't possibly reduce tax rates and simplify the tax code because that will simply make all those people legal again. we said this is the way of putting an end to illegal activity generated largely by an unenforceable set of laws in this case the tax code. i think we have a similar situation with regard to immigration. we don't have a set of laws that can be enforced with people who are determined to get out of the situation they're in at home and want to come here. >> we continue with the discussion of morality and politics. i'm joined by frank bruny of the "new york times," karen tumulty of the "washington post" and film maker alex gibney. >> a broader question. is all of this going on with the scandals with anthony weaner and elliott spitzer and what happened with mark sanford more of a commentary about them or more of a commentary about us as a society? >> i think you could make either argument. what fascinates me is what it says about them or what it says, to be more precise, about the kind of people who are drawn to politics. if y
i didn't hear a lot of conservatives arguing we can't possibly reduce tax rates and simplify the tax code because that will simply make all those people legal again. we said this is the way of putting an end to illegal activity generated largely by an unenforceable set of laws in this case the tax code. i think we have a similar situation with regard to immigration. we don't have a set of laws that can be enforced with people who are determined to get out of the situation they're in at home and...
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Jul 8, 2013
07/13
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FOXNEWSW
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>> just we do on the income tax. the honor system. if you make $45,000 or less, you might be eligible for some tax credit to get insurance, but it's just your word. >> neil: what troubles me, most people are good people, they'll be honest, but there are a lot of people who won't be, and that's double dipping and gouging the system. >> of course. happens in medicaid, happens in food stamps. >> neil: i thought this had all the provisos. >> at the end of the day who is going to do the checking? the irs. imagine how convent prior to the 2014 elections, how convent for you to get a phone call from ther is and is say, by the way, mr. neil, i see here you are asking for tax breaks for your health insurance. we need more information. we need more -- >> neil: wouldn't the irs already know that? >> not necessarily. not a question they have. and basically you're sort of -- the irs just goes with your income, what you make and all that, and it's predicated on moneys you paid last year, not the year you're currently in. and the irs -- this will be
>> just we do on the income tax. the honor system. if you make $45,000 or less, you might be eligible for some tax credit to get insurance, but it's just your word. >> neil: what troubles me, most people are good people, they'll be honest, but there are a lot of people who won't be, and that's double dipping and gouging the system. >> of course. happens in medicaid, happens in food stamps. >> neil: i thought this had all the provisos. >> at the end of the day who...
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repatriated perhaps through an exemption or something that's passed into law this year or next while tax reform is on the on the on the table in congress right now and again you say offshore the offshore part is just on the internet it is physically right here in the united states yes we need to repair this. the american tax code is woefully in need of repair unfortunately this same congress and the same political contribution dysfunction that has caused us to have this congress needs to be fixed by that congress and why would they do that since the same bad system got them there why would they fix this system which inevitably introduce replacements to them but i have to ask the question can the system be fixed as it is it can be fixed because while we do have a one dollar one vote system that applies we simultaneously have a one person one vote and come november people need to understand. how their member of congress voted on that and they i believe citizens you know citizenship is a daily task it's not just you know three days before the november election and i believe they need to we
repatriated perhaps through an exemption or something that's passed into law this year or next while tax reform is on the on the on the table in congress right now and again you say offshore the offshore part is just on the internet it is physically right here in the united states yes we need to repair this. the american tax code is woefully in need of repair unfortunately this same congress and the same political contribution dysfunction that has caused us to have this congress needs to be...
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be repatriated perhaps through an exemption or something that's passed into law this year and well tax reform is on the on the on the table in congress right now and again you say offshore the offshore part is just on the internet it is physically right here in the united states yes we need to repair this. the american tax code is woefully in need of repair unfortunately this same congress and the same political contribution dysfunction that has caused us to have this congress needs to be fixed by that congress and why would they do that since the same bad system got them there why would they fix this system which inevitably introduce replacements to them but i have to ask the question can the system be fixed as it is it can be fixed because while we do have a one dollar one vote system that applies we simultaneously have a one person one vote and come november people need to understand. how their member of congress voted on that and they i believe citizens you know citizenship is a daily task it's not just you know three days before the november election and i believe they need to we
be repatriated perhaps through an exemption or something that's passed into law this year and well tax reform is on the on the on the table in congress right now and again you say offshore the offshore part is just on the internet it is physically right here in the united states yes we need to repair this. the american tax code is woefully in need of repair unfortunately this same congress and the same political contribution dysfunction that has caused us to have this congress needs to be fixed...
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Jul 7, 2013
07/13
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CSPAN
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to tax you to pay for corrupt politicians like him. [laughter] go into 2013,o saying voters actually do care about this even in a republican district designed for this guy. that's important because it not only set us up for the legislative session, but we haven't quite one yet and we have to go back for another way to look at accountability. sessionhe legislative and we had to have a very aggressive campaign that would use every tactic under the book. whatde sure each group did they were good at doing. theyolicy reports show could run between legislation and the new media groups did twitter rallies and direct actions, etc.. we created a tumblr where they took a picture of each person that door holding up a sign saying stop corruption, pass fair elections. people who they knew that where there voters and they sent an e-mail with all of the pictures. every night -- it was way more we had one on science and we had a day where we did a ben & jerry's giveaway and you could use real money with a stamp that said not to be used for bribery. we
to tax you to pay for corrupt politicians like him. [laughter] go into 2013,o saying voters actually do care about this even in a republican district designed for this guy. that's important because it not only set us up for the legislative session, but we haven't quite one yet and we have to go back for another way to look at accountability. sessionhe legislative and we had to have a very aggressive campaign that would use every tactic under the book. whatde sure each group did they were good...
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101
Jul 10, 2013
07/13
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CNBC
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eye 101
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it comes from your pre-tax income and don't pay taxes on the money you contribute. even better. while your money stays in these accounts, you pay no taxes on your profits, no capital gains tax, that's compound for free. for years, tax free gives you much larger returns over decades and decades. you only pay taxes when the money is withdrawn and then it's taxed as regular income just the once. that's a sweet deal. especially if you're worried justly about tax rates on dividends or capital gains going higher. a lot of people trying to front run the change in tax law at the end of the fiscal cliff thing. many people were worried about it. however, as much as i like the tax favored status of 401(k) plans, i.r.a.s, i've got to tell you something about it that most won't say. most company plans stink. they have high management fees and administrative costs that eat into your returns, particularly when they're very low. and worst of all, they offer you lousy choices for investments. the 401(k) business is a racket for the managers who get to charge you these fees. i can't believe i sai
it comes from your pre-tax income and don't pay taxes on the money you contribute. even better. while your money stays in these accounts, you pay no taxes on your profits, no capital gains tax, that's compound for free. for years, tax free gives you much larger returns over decades and decades. you only pay taxes when the money is withdrawn and then it's taxed as regular income just the once. that's a sweet deal. especially if you're worried justly about tax rates on dividends or capital gains...
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Jul 14, 2013
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this is tax-funded food. we get to call the shots with the food. >> but so is yoga and being a vegan. but i don't want our high schools being yoga vegans. >> that's our last word. and we thank steve for joining us. >>> up next, a boeing 787 catches fire. why someone here says it won't be a nightmare for the maker of the dreamliner. >>> and walmart standing up ÑÁ@@"d @ >>> predictions! gary b. >> brenda, despite the latest 787 mishap, boeing is going to be absolutely fine. the stock is up 25%. >> john, bul or bear on that? >> wait a while. be. >> they have a 5.5% yield, 20% up in a year. >> jonas? >> bear. >> jonas? >> okay, they raised the minimum wage in d.c. there will be beneficiaries, but walmart knd handle it. they had to close plans for three stores. >> jn, bull or bear? >> bear. >> tracy, twinkies will be available nationwide on monday. mrs. obama will be thrilled! guess what my kids are havetion for lunch next week. >> absolutely. there's nobody on a bear on twinkies. >> neil, take it away! >>> fox
this is tax-funded food. we get to call the shots with the food. >> but so is yoga and being a vegan. but i don't want our high schools being yoga vegans. >> that's our last word. and we thank steve for joining us. >>> up next, a boeing 787 catches fire. why someone here says it won't be a nightmare for the maker of the dreamliner. >>> and walmart standing up ÑÁ@@"d @ >>> predictions! gary b. >> brenda, despite the latest 787 mishap, boeing is...
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Jul 8, 2013
07/13
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. >> i am thinking walter mondale telling us he is going to raise taxes. edward snowden, wanted because he spilled the beans on what the nsa is doing, does the first amendment protect him? >> know because the first amendment does not say that every individual has a right to decide which laws he will obey and which ones he will not. if he wants to disobey, we have a historic and heroic example of the civil rights movement, which came up with the idea of civil this obedience. if he had stayed in the country and made his case, he went to hong kong, he is in moscow, who the hell knows. these are not the friends of liberty. i am not sure he is speaking on behalf of the first amendment or anything. i'm not sure what he is speaking on behalf of that i can assure you as he carried in hong kong, everything in his computers were scooped up by the secret services of the chinese and russians. im not sure that is a friend of liberty. >> there are limits to the first amendment. >> it is not a suicide pact. you can't go out and tell the nation's secrets to our enemies an
. >> i am thinking walter mondale telling us he is going to raise taxes. edward snowden, wanted because he spilled the beans on what the nsa is doing, does the first amendment protect him? >> know because the first amendment does not say that every individual has a right to decide which laws he will obey and which ones he will not. if he wants to disobey, we have a historic and heroic example of the civil rights movement, which came up with the idea of civil this obedience. if he...
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Jul 14, 2013
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another issue is sales tax fairness. this involves requiring large internet retailers to collect sales tax, something all brick and mortar stores do but most interbe net companies have arided -- avoided which gives them a competitive advantage with consumers. a federal bill requiring sales tax collection by large internet sellers has just passed the senate. and if it makes it through the house, president obama has said that he'll sign it. in the meantime, quite a few states have either passed similar laws or have made deals with amazon or other internet sellers to collect sales tax. the buy local movement has begun to influence consumers. on a national level, the aba has worked with interested national groups. at the local level, many indie bookstores are partnering with other retailers to promote an awareness of the importance of locally-owned businesses through joint advertising, publicity and events. in a related trend, many indeed have become even more important in their communities. they're making a very conscious e
another issue is sales tax fairness. this involves requiring large internet retailers to collect sales tax, something all brick and mortar stores do but most interbe net companies have arided -- avoided which gives them a competitive advantage with consumers. a federal bill requiring sales tax collection by large internet sellers has just passed the senate. and if it makes it through the house, president obama has said that he'll sign it. in the meantime, quite a few states have either passed...
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york vault it is only for legal purposes on the internet booked as ireland so let's talk about these tax schemes and what is your opinion of the what what apple is doing and some of these companies who are holding a lot of cash offshore and they're doing it for a specific reason is it going to be repatriated perhaps through an exemption or something that's passed into law this year or next while tax reform is on the on the on the table in congress right now and again you say offshore the offshore part is just on the internet it is physically right here in the united states yes we need to repair this. the american tax code is woefully in need of repair unfortunately this same congress and the same political contribution dysfunction that has caused us to have this congress needs to be fixed by that congress and why would they do that since the same bad system got them there why would they fix this system which inevitably introduce replacements to them but i have to ask the question can the system be fixed as it is it can be fixed because while we do have a one dollar one vote system that a
york vault it is only for legal purposes on the internet booked as ireland so let's talk about these tax schemes and what is your opinion of the what what apple is doing and some of these companies who are holding a lot of cash offshore and they're doing it for a specific reason is it going to be repatriated perhaps through an exemption or something that's passed into law this year or next while tax reform is on the on the on the table in congress right now and again you say offshore the...
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Jul 14, 2013
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of receiving your of the taxes and regulate on who was allowed to play, certain countries would say to the widow of one did in our country and they would ban that country. the u.s. lifted gray. and until 2006 there was no clue as to what the federal policy was going to be on this. i think most of them would agree there should be regulation just like etna casino if you feel someone has a problem they are not supposed to, i have never been in a casino where they wouldn't deal with somebody. i have seen people don't to who were lying on the floor. bear is the post to take into account whether you look like you have a problem. it is a hard thing to analyze. with online poker you could limit the amount of money one could play and a certain amount of time. and there should be a limit or a monthly minute. i will not draft these rules and regulations. nevada has it legal. they triangulate your cellphones. your cellphone is next your laptop a new play online poker from your laptop and ping your cellphone to make sure you are there. >> host: let freedom ring. next question. let me ask a question
of receiving your of the taxes and regulate on who was allowed to play, certain countries would say to the widow of one did in our country and they would ban that country. the u.s. lifted gray. and until 2006 there was no clue as to what the federal policy was going to be on this. i think most of them would agree there should be regulation just like etna casino if you feel someone has a problem they are not supposed to, i have never been in a casino where they wouldn't deal with somebody. i...
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Jul 13, 2013
07/13
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this is tax-funded food. we get to call the shots with the food. >> but so is yoga and being a vegan. but i don't want our high schools being yoga vegans. >> that's our last word. and we thank steve for joining us. >>> up next, a boeing 787 catches fire. why someone here says it won't be a nightmare for the maker of the dreamliner. >>> and walmart standing up against a huge wake hike in d.c. will it have the stock hiking hire? ♪ it was the best day whoo! yes! ♪ it was the best day ♪ ♪ it was the best day yeah! ♪ it was the best day ♪ecause of yo [sigh] [echoing] we make a great pair. huh? progressive and the great outdoors -- we make a great pair. right, totally, uh... that's what i was thinking. covering the things that make the outdoors great. now, that's progressive. call or click today. >>> predictions! gary b. >> brenda, despite the latest 787 mishap, boeing is going to be absolutely fine. the stock is up 25%. >> john, bull or bear on that? >> wait a while. bear. >> they have a 5.5% yield, 20
this is tax-funded food. we get to call the shots with the food. >> but so is yoga and being a vegan. but i don't want our high schools being yoga vegans. >> that's our last word. and we thank steve for joining us. >>> up next, a boeing 787 catches fire. why someone here says it won't be a nightmare for the maker of the dreamliner. >>> and walmart standing up against a huge wake hike in d.c. will it have the stock hiking hire? ♪ it was the best day whoo! yes! ♪...
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Jul 13, 2013
07/13
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i think the republican house has trying to put optio in front of us that don't raise taxes in order to get spending under control but the problem you talk about not only talks about active duty but also the veterans. lou: and facing as you know, , it is obscene what we're doing to those veterans who are being denied benefits. we're out of time. we always like to hear your clear and well reasoned ways i said i could go along with a brigade but what i meant as long as we constrained the mission. for the life of me i do not know how we can do this to our military, given all the challenges we face and i hope we find a way to be constrained as well as reasonable to ensure the nation's interest. >> is the only thing constitutional we are supped to do to provide the defense to the american people. that is what we wish you be doing. lou: a man. up next obama calls on congress to help them reorganize to run government agencies in the name of efficiency. with the "chalk talk" we will see why he suddenly needs all of the help he can possibly get. >> keep on doing what we can administratively but
i think the republican house has trying to put optio in front of us that don't raise taxes in order to get spending under control but the problem you talk about not only talks about active duty but also the veterans. lou: and facing as you know, , it is obscene what we're doing to those veterans who are being denied benefits. we're out of time. we always like to hear your clear and well reasoned ways i said i could go along with a brigade but what i meant as long as we constrained the mission....
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. >> brenda, i think one piece we're missing are state taxes. this piece of the gasoline price is not going away. that will continueo go up. couple that with gasoline prices going up higher than our wages. that's the bottom line. >> gary v, it will have an impact on the economy, don't you think? >> absolutely. you know, i want to get back to the point that jonas was making. you know, while we're doing relatively better than other countries, look, i don't want to compare ourselves to our countries because we can do a lot better right here. we've shown that with a combination of coal, natural gas, oil, shale, oil that we have. we would not need to import one more barrel of oil for the next 500 years. why we're not going down that path when we can lower prices even more, be energy independent and by theay create a ton more jobs is baffling to me. >> 500 years? >> yes. we have 500 years worth of oil. >> i hope you have your scuba gear ready. you're going to be swimming mr water. >> gary v, i want to ask you. the oil market is going up but so is the
. >> brenda, i think one piece we're missing are state taxes. this piece of the gasoline price is not going away. that will continueo go up. couple that with gasoline prices going up higher than our wages. that's the bottom line. >> gary v, it will have an impact on the economy, don't you think? >> absolutely. you know, i want to get back to the point that jonas was making. you know, while we're doing relatively better than other countries, look, i don't want to compare...
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Jul 11, 2013
07/13
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the tax cap in 2006 was estimated to be $385 billion of uncollected taxes. we do have an honor system for many parts -- >> what we are learning from investigation is that our agents are spending all their time poster and political agendas rather -- pursuing political agendas rather than law. again, obamacare hhs squandered $8 billion on a program they made out of thin air and got hammered on because they squandered that. it has no claim. is it fair to demand that businesses, that workers and their families have a government mandate when you have given a reprieve for business? mr. mcdermott? >> thank you, mr. chairman. it strikes me that the issue here is basically not about the delay. the businesses asked for the delay in the government gave it to them. the real issue is whether you want obamacare or not. are you going to do it and are you going to have any kind of mandate? now,has untood that for a system to work, you have to have everybody in. justice scalie ina in his oral questioning on this case in the supreme court when talking about the mandatory cove
the tax cap in 2006 was estimated to be $385 billion of uncollected taxes. we do have an honor system for many parts -- >> what we are learning from investigation is that our agents are spending all their time poster and political agendas rather -- pursuing political agendas rather than law. again, obamacare hhs squandered $8 billion on a program they made out of thin air and got hammered on because they squandered that. it has no claim. is it fair to demand that businesses, that workers...
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Jul 8, 2013
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post office loses money even though... >> they don't pay sails taxes or property taxes or parking tickets. >> with advantages like that how did the post office lose money? checks outed will you te the li office in massachusetts. they bring in less than 700,000 dollars a month. a real bisque close the store that can't cover her salary let alone a car. >> poist offices must serve all of america. >> there's another post office a mile down the road. >> there are five others within a few miles. why do they need so many so close to each other. even the locals see the excess. >> they should cut back to a couple. >> it seems kind of silly. >> what do you mean we are working on it? it's a business. >> they operate like a business. >> nicky barnett chairman of the board. >> since ben franklin the postal service has grown and changed with america. you don't change you are a government monopoly. >> if they fired people they would say this. >> they are hell bent on seeing the u.s. postal service die. >> they would wait for workers to quit or retire. >> attrition is kinder that's why you do it? >> we h
post office loses money even though... >> they don't pay sails taxes or property taxes or parking tickets. >> with advantages like that how did the post office lose money? checks outed will you te the li office in massachusetts. they bring in less than 700,000 dollars a month. a real bisque close the store that can't cover her salary let alone a car. >> poist offices must serve all of america. >> there's another post office a mile down the road. >> there are five...
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Jul 6, 2013
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it creates jobs, enormous amount of tax money comes out of it and it is a game of skill people play. there are a lot of people, fifteen million americans play an online poker. 10% of the country wanted to play it at some point or maybe five%. if there is a demand, if the lottery is legal online poker should be illegal. if you want to go after all of gambling i can understand it from a moral point of view, i have no problem with gambling as long as it is controlled and regulated. that is my feeling on poker. i don't know how i feel about the lottery. i feel the lottery is more dangerous and upsetting to me than poker is because there is no skill. i enjoy it too. i and this and why maybe june to be allowed. >> host: poker i don't understand why it shouldn't be allowed. it is a game of skill. e.u. or your subjects have a problem with stories for gambling addicts? >> guest: they wanted to be regulated. a lot of countries they were regulated overseas in europe, they were regulated on who was allowed to play, certain countries would say we don't want it in the country and they would ban th
it creates jobs, enormous amount of tax money comes out of it and it is a game of skill people play. there are a lot of people, fifteen million americans play an online poker. 10% of the country wanted to play it at some point or maybe five%. if there is a demand, if the lottery is legal online poker should be illegal. if you want to go after all of gambling i can understand it from a moral point of view, i have no problem with gambling as long as it is controlled and regulated. that is my...
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Jul 7, 2013
07/13
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increase taxes, if you want to have more powerful antitrust laws, do that. corporations. the first amendment does not require having corporations. the constitution does not say anything about corporations. but if you have got them and people with a lot of money money, the one thing you cannot do is to keep them talking and the money gets the message out as much as they want with as much influence they give them. the final five with a cheerful results of the last election for or against them , was how much of the money spent had no effect at all. [laughter] it does give a little hope that in the final final thought we're in new york city we don't have elections here. we know who will win in our state and inner-city but i was in ohio the week before the election and it was a first amendment paradise. they were so sick of the advertisements. but for the first amendment protection there was up obama, ms. romney then another obama than the same net romney add an item no people who felt more liberated than the folks in ohio with the election was over. but from my perspective pe
increase taxes, if you want to have more powerful antitrust laws, do that. corporations. the first amendment does not require having corporations. the constitution does not say anything about corporations. but if you have got them and people with a lot of money money, the one thing you cannot do is to keep them talking and the money gets the message out as much as they want with as much influence they give them. the final five with a cheerful results of the last election for or against them ,...
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Jul 7, 2013
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taxed. these people are couching the system, but not because tax rates are too low. it is because you haven't defined income properly. you haven't put it in the right context. it is a tragedy what is happening, but in china they did three things. tax cuts, sound money, and free trade. you see this massive growth from 1979 on. the prosperity? yes. newt is totally right. these diseases and problems you are talking about are those of prosperity, not of poverty. comma's people were educated, but they were in really bad shape. they now have a different set of options. >> gentlemen, it is time now for closing statements. you can settle some scores with each other in your remaining three minutes eamp. we will do our closing minutes in the opposite order of the you ng statements, so art, are up first. >> i will start with one example of a man who has been trying to raise interest rates on the rimp for a long time. he is one. his name is warren buffet. he is a french-origin person from omaha, nebrask
taxed. these people are couching the system, but not because tax rates are too low. it is because you haven't defined income properly. you haven't put it in the right context. it is a tragedy what is happening, but in china they did three things. tax cuts, sound money, and free trade. you see this massive growth from 1979 on. the prosperity? yes. newt is totally right. these diseases and problems you are talking about are those of prosperity, not of poverty. comma's people were educated, but...
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. >> they are entitled to file joint tax, federal tax returns. they are entitled to social security survivors benefits. they are entitled to be informed when their spouses are killed in action. >> john: for too long only straight dumbals have been able toen i do paying their taxes and learning that their spouse has been killed. no more. you're welcome, gay couples. you are welcome. we have full team coverage tonight. first is a mapt a bee live outside the supreme court. sam, the defense of marriage act was struck down in a 5-4 decision. with justice scalia writing a blistering defense. >> yes. big surprise. scalia wasn't happy. he firmly believes that it is inappropriate and arrogant for the court to strike down a decades-old congressional law. >> john: didn't he just help overturn the voting rights act of 1965 literally yesterday? >> reporter: well, like i said, this is a firmly held belief of scalia that he has held for approximately 36 hours now. >> john: to be fair. hundreds and hundreds of minutes. >> reporter: in his defense, there is a sub
. >> they are entitled to file joint tax, federal tax returns. they are entitled to social security survivors benefits. they are entitled to be informed when their spouses are killed in action. >> john: for too long only straight dumbals have been able toen i do paying their taxes and learning that their spouse has been killed. no more. you're welcome, gay couples. you are welcome. we have full team coverage tonight. first is a mapt a bee live outside the supreme court. sam, the...
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Jul 8, 2013
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we should change the tax code or lower the tax rate. if we had a 12% tax. flat tax jerry brown's when he ran for president. jerry brown's california when he 1992.or president in we had two flat rate taxes. sales and one on personal growth income. no on other taxes, none. he did a 12% tax on warren buffet, it would be 1.44 billion. that's what i consider fair. thank you. . >> fighting words. next, george papandreou. >> i don't think paul is asking to punish the rich, we have so have so much we wealth whether it's the united states, china, europe. a huge amount of wealth. is highly unequally distributed. and all we're saying is part of amazing wealth in the hands 100 to 1,000 people around the world, could go a long way. major issues we have to deal with. climate change, unemployment. in my country, young people have unemployment at klose to 60%. is that a sustainable society? to give them the trading, the hope, the prosperity. talking about a small of their wealth to make societies more efficient and prepare for major challenges the generations will face, wh
we should change the tax code or lower the tax rate. if we had a 12% tax. flat tax jerry brown's when he ran for president. jerry brown's california when he 1992.or president in we had two flat rate taxes. sales and one on personal growth income. no on other taxes, none. he did a 12% tax on warren buffet, it would be 1.44 billion. that's what i consider fair. thank you. . >> fighting words. next, george papandreou. >> i don't think paul is asking to punish the rich, we have so have...
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Jul 10, 2013
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they will have to raise taxes and they might even have to introduce a vat. the kind of sales tax. >> bill: i don't think that's going to happen if the democrats lose power. i think they will rescind the whole thing. if it's as chaotic, continues to be as chaotic as it is now. the thing is going to be thrown out. real quick and i only have 30 seconds. do you think it's unconstitutional for the president to take an existing law that he signed and say we're not going to force part of that law the employer mandate is that unconstitutional? >> of course it's unconstitutional. the constitution says the executive has to faithfully execute the laws and here it is faithfully ignoring a law it doesn't like in the same way it wantonly passed the dream act unilaterally an act that the congress had rejected. it is absolutely lawless in the things it does. this is only the latest example. >> all right. charles, thanks very much as always. american preacher arrested in london for disparaging homosexuals in public. john stossel on that. then a woman wear as cross at a calif
they will have to raise taxes and they might even have to introduce a vat. the kind of sales tax. >> bill: i don't think that's going to happen if the democrats lose power. i think they will rescind the whole thing. if it's as chaotic, continues to be as chaotic as it is now. the thing is going to be thrown out. real quick and i only have 30 seconds. do you think it's unconstitutional for the president to take an existing law that he signed and say we're not going to force part of that...